Late Payment and Retentions Consultation Response Guide

The Government has launched a major consultation on late payments and retentions, issues NFRC has long campaigned against.

To make change happen, it’s vital that as many businesses as possible respond.

This page provides guidance to help you submit your own response, choose the option that works best for you.

The guides differ by how many reforms you respond to and whether you support abolishing retentions or protecting them via trust accounts. NFRC’s position is abolition, but as some Members favour protection, we’ve provided an alternative option.

If you would like to respond to the consultation yourself without our guidance, complete the questionnaire here.

Full Response Retentions Prohibition

This guide covers all proposed reforms and advocates prohibiting retention clauses entirely.

Download here

10-15 minutes

Short Response Retentions Prohibition

This guide only covers prohibiting retention clauses entirely.

Download here

5 minutes

Full Response Protection of Retention Sums

This guide covers all proposed reforms and advocates for protecting retention sums via trust account mechanisms.

Download here

10-15 minutes

If you wish, you can read the government’s full consultation here.

If you have any questions or would like assistance with submitting your response, please contact [email protected]

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